WPBF 25 News Anchor Farron Salley speaks with a representative from the Florida Prepaid College foundation. To learn more click here.

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Updated: 12:15 PM EDT Oct 9, 2017

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WEBVTT THE VP BE A 25 NEWS.FARRON: ALL RIGHT, LISTEN, ASSOMEONE WITH STUDENT LOANS TOPAY OFF, I CAN TELL YOU THATCOLLEGE IS EXPENSIVE.BUT FLORIDA PREPAID IS OFFERINGTEN PEOPLE A CHANCE TO WIN A2-YEAR FLORIDA COLLEGE PLAN.THAT'S WORTH EIGHT THOUSANDDOLLARS.IT IS NATIONAL COLLEGE SAVINGSMONTH, AND MY GUEST HERE TODAY,MEREDITH WESTHEIMER, ASPOKESPERSON FOR FLORIDAPREPAID.SHE'S GOING TO TELL US HOW TOWIN.THAT'S THE BIG QUESTION FORTHOSE WHO ARE NOT FAMILIAR.WHAT EXACTLY IS FLORIDA PREPAID?>> IT WAS FOUNDED WITH THEMISSION TO HELP FAMILIES FINDAFFORDABLE WAYS TO PAY FORCOLLEGE.WE KNOW THE COLLEGE CAN BEEXPENSIVE.STUDENT LOAN DEBT IS SECOND INTHIS COUNTRY TO MORTGAGES.PEOPLE COMING OUT OF COLLEGEWITH 20,000, $25,000 IN DEBT.THE WHOLE IDEA IS TO STARTSAVING EARLY AND HELPINGCHILDREN GET THE COLLEGE.>> IT'S NEVER TOO EARLY TO STARTSAVING FOR COLLEGE.TELL US, WHY IS THIS SOIMPORTANT, ESPECIALLY FOR FOLKSHERE IN SOUTH FLORIDA?WHAT'S THE EARLIER YOU SAVE, THELOWER YOUR MONTHLY PAYMENTS WILLBE.DO WHAT YOU CAN.WE HAVE FIVE DIFFERENT PLANOPTIONS TO MAKE SURE THE A HAVEA LOT OF FLEXIBILITY FORFAMILIES.THEY ALSO HAVE, IT'S A REALLYGREAT WAY TO SAVE, TO, YOU CANALWAYS GET YOUR MONEY BACK.A LOT OF PEOPLE DON'T KNOW THEREIS SO MUCH FLEXIBILITY ANDSECURITY.NO MATTER WHAT YOU PUT IN, YOUCAN GET IT BACK, EVEN IF YOURCHILD DECIDES NOT TO GO TOCOLLEGE OR GOES OUT OF STATE,YOU CAN GET WHAT YOU PUT INBACK.FARRON: WE WILL HAVE TO TALKMORE ABOUT THAT, GETTING THEMONEY BACK.BUT TELL VIEWERS HOW THEY CANENTER TO WIN THE PLAN.>> THERE WILL BE DAILY ANDWEEKLY OPPORTUNITIES TO ENTER TOWIN, BY LEARNING MORE ABOUT HOWTO SAVE FOR COLLEGE, WHY IT'SIMPORTANT, THOSE KINDS OF THINGS.THE CONTEST GOES UNTIL OCTOBER29.IF THEY DON'T WIN, OPENENROLLMENT STARTS NEXT WEEK ANDRUNS THROUGH FEBRUARY AND LIKE ISAID, THE PLANS START AS LOW AS$50 PER MONTH DEPENDING ON THEPLAN THAT'S RIGHT FOR YOU.THE IDEA IS TO START EARLY.EVEN KIDS WHO HAVE JUST A LITTLEBIT SAVED OUR 2.5 TIMES MORELIKELY TO START COLLEGE ANDGRADUATE.FARRON: AND IT'S NEVER TOO EARLYTO START SAVING AGAIN, YOU DON'TWANT THAT LOAN PAYMENT EVERYWEEK.

Florida Prepaid offering ten two-year plans for free

WPBF 25 News Anchor Farron Salley speaks with a representative from the Florida Prepaid College foundation. To learn more click here.